FSN E-Commerce Ventures, the parent company of Nykaa, posted a 79% YoY rise in net profit to ₹24 crore for the June 2025 quarter.
Growth was driven by higher sales volumes and cost management efficiencies.
Revenue also saw strong growth compared to the same period last year.
Nykaa Parent Firm Reports 79% Surge in Profit to ₹24 Crore in June Quarter
FSN E-Commerce Ventures posts strong Q1 results driven by higher sales and operational efficiencies.
Nykaa Parent Firm Reports
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FSN E-Commerce, the parent company of fashion and beauty retailer Nykaa, on Tuesday reported a 79% year-on-year rise in consolidated net profit to ₹24.47 crore for the three months ended June 2025.
The company had posted a net profit of ₹13.64 crore in the corresponding period of the previous financial year.
Total income rose to ₹2,164.27 crore in the quarter under review, compared with ₹1,753.44 crore in the April-June quarter of FY25, Nykaa said in a regulatory filing.
The growth was driven largely by its beauty vertical, which registered a nearly 24% increase in revenues to ₹1,975 crore in the quarter under review from ₹1,594 crore a year earlier.
The fashion segment posted a 15% increase in sales to ₹171 crore from ₹149 crore in the same period last year.
"This quarter's performance underscores Nykaa's ability to consistently balance growth and profitability across both our beauty and fashion businesses," Falguni Nayar, Executive Chairperson, Founder and CEO Nykaa, said.
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The company's Gross Merchandise Value (GMV) for the quarter grew 26% year-on-year to ₹4,182 crore supported by accelerated premiumization and deeper market penetration, she added.
According to the company, the beauty segment's growth was supported by a young and informed shopper base, especially Gen Z and millennial consumers, who are purchasing more wellness products and services than older generations.
Other factors included greater accessibility through digital marketplaces, direct-to-consumer platforms and e-commerce, as well as changing lifestyle choices, with more consumers adopting nutraceuticals as a preventive measure alongside traditional treatments.
Also, Nykaa said its board approved the acquisition of the remaining 40% stake in Nudge Wellness for ₹14.26 lakh, making it a wholly owned subsidiary. Currently, Onesto Labs holds 40% of Nudge and it will cease to hold any stake in Nudge upon closing of the transaction.
The acquisition is subject to customary closing conditions and regulatory approvals.
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Shares of Nykaa settled 0.66 per cent higher at ₹204.95 apiece on the BSE
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